TPG RE Finance Trust, Inc. (NYSE:TRTX) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Moderate Buy consensus from six analysts (four buys, two holds) with an average 12‑month price target of $9.83, implying roughly an 18% upside from the $8.33 open.
• TPG RE pays a $0.96 annual dividend for an 11.5% yield, but the dividend payout ratio is a high 171.43%, signaling potential sustainability risk.
• The company matched Q1 EPS at $0.25 on $37.31M revenue; the shares trade in a 52‑week range of $7.25–$9.85 with a market cap around $645M.

TPG RE Finance Trust, Inc. (NYSE:TRTX - Get Free Report) has earned an average recommendation of "Moderate Buy" from the six ratings firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $9.8333.

Several equities analysts recently commented on the stock. Wells Fargo & Company cut their price target on shares of TPG RE Finance Trust from $11.00 to $10.00 and set an "overweight" rating on the stock in a report on Thursday, February 19th. Citigroup raised shares of TPG RE Finance Trust from a "market perform" rating to an "outperform" rating in a research note on Thursday, March 12th. JPMorgan Chase & Co. decreased their price objective on shares of TPG RE Finance Trust from $10.50 to $9.50 and set an "overweight" rating for the company in a research note on Thursday, April 16th. Weiss Ratings downgraded shares of TPG RE Finance Trust from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday, February 9th. Finally, Zacks Research raised shares of TPG RE Finance Trust from a "strong sell" rating to a "hold" rating in a research note on Tuesday, April 21st.

TPG RE Finance Trust Stock Performance

Shares of NYSE:TRTX opened at $8.33 on Thursday. TPG RE Finance Trust has a 52 week low of $7.25 and a 52 week high of $9.85. The stock has a market capitalization of $645.35 million, a P/E ratio of 14.87, a PEG ratio of 1.42 and a beta of 1.50. The firm has a fifty day simple moving average of $8.17 and a two-hundred day simple moving average of $8.67. The company has a quick ratio of 183.34, a current ratio of 183.34 and a debt-to-equity ratio of 3.02.

TPG RE Finance Trust (NYSE:TRTX - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.25 EPS for the quarter, hitting analysts' consensus estimates of $0.25. TPG RE Finance Trust had a net margin of 18.14% and a return on equity of 6.84%. The business had revenue of $37.31 million during the quarter, compared to analysts' expectations of $37.14 million. On average, analysts expect that TPG RE Finance Trust will post 0.96 earnings per share for the current fiscal year.

TPG RE Finance Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Friday, March 27th were paid a $0.24 dividend. The ex-dividend date of this dividend was Friday, March 27th. This represents a $0.96 annualized dividend and a yield of 11.5%. TPG RE Finance Trust's dividend payout ratio (DPR) is presently 171.43%.

Institutional Trading of TPG RE Finance Trust

Several institutional investors have recently added to or reduced their stakes in the company. State of New Jersey Common Pension Fund A purchased a new stake in TPG RE Finance Trust in the 3rd quarter valued at about $26,957,000. Redhawk Wealth Advisors Inc. purchased a new stake in TPG RE Finance Trust in the 4th quarter valued at about $855,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in TPG RE Finance Trust in the 3rd quarter valued at about $295,000. State of Wyoming boosted its position in TPG RE Finance Trust by 410.3% in the 4th quarter. State of Wyoming now owns 38,174 shares of the company's stock valued at $329,000 after buying an additional 30,694 shares during the period. Finally, UBS Group AG boosted its position in TPG RE Finance Trust by 34.4% in the 4th quarter. UBS Group AG now owns 451,997 shares of the company's stock valued at $3,892,000 after buying an additional 115,787 shares during the period. Institutional investors own 57.12% of the company's stock.

TPG RE Finance Trust Company Profile

TPG RE Finance Trust, Inc NYSE: TRTX is a growth-oriented real estate finance company that originates and invests in a diversified portfolio of commercial real estate debt. The company’s primary business activities include the origination and acquisition of senior mortgage loans, mezzanine loans and preferred equity investments. These investments predominantly finance multifamily, office, industrial, retail and hospitality properties across the United States.

TPG RE Finance Trust pursues a flexible capital strategy, structuring transactions that range from first-lien floating-rate loans to subordinated debt and preferred equity.

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